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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Community centers
2985 State Hwy 360 Grand Prairie, TX 75052-7615
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-0312030
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Total area
148,059 SF
Lot
10.4 ac (453,155 SF)
APN
12752--1R
UPID
US83-0312030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Ruth Tan Pediatrician Medical Clinic
-
Winfree Academy Charter School High School
-
Quanica Darden Physician
-
Unlimited Pharmacy Pharmacy
-
Ged's Floor Store Outlet Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Marvky Corp · 9 yrs held
Marvky Corp
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$340,425
Tax year 2023
Assessed value
$15,064,500
Assessed 2024
Previous assessed
$14,952,105
+0.8% YoY
Effective rate
2.26%
On assessed value
Assessed land
$2,265,861
Assessed improvement
$12,798,639
Land market value
$2,265,861
Improvement market value
$12,798,639
Total market value
$15,064,500
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Heating
NONE
Stories
2
Total area
148,059 SF
Lot
10.4 ac (453,155 SF)
APN
12752--1R
UPID
US83-0312030
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
2
Lot
10.4 ac
Current owner
From public records · entity-resolved
Marvky Corp
Entity
Mailing address
1411 BENDING BRK CIR, LUFKIN, TX 75904-5360
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2017
—
Marvky Corp
Tri Marsh Retail LLC
Grant Deed
$8,200,000 · Wells Fargo Bk
Aug 8, 2014
—
Tri Marsh Retail LLC
Jpmcc 2006-ldp9 Retail 360 LLC
Grant Deed
$4,550,000 · Independent Bk
Feb 7, 2012
—
Jpmcc 2006-ldp9 Retail 360 LLC
Bristow,courtney D
Trustees Deed
related
—
Oct 22, 2004
—
Trojan Retail Ltd
Dallas Metro Realty Of Texas Ltd
Grant Deed
$7,600,000 · Inwood Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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